43221 Ohio Ave Beallsville, OH 43716-9569
- Commercial real estate
- 9,300 SF
- 1.33 lot acres
Current Use by Public Records
- Family Dollar / Dollar Store / Clothing Store
Property Details for 43221 Ohio Ave
- Year built
- 2020
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.33 lot acres
- Property size
- 9,300 SF
- Property type
- Commercial real estate
- APN
- 25-004041.0000
- APU
- 250040410000
Description
This exceptional investment opportunity presents a 9,180 square foot Family Dollar store located at 43221 Ohio Ave, Beallsville, OH 43716. Built in 2020, the property sits on a 1.32-acre lot and boasts a strong 9.00% cap rate with a current NOI of $95,624. The NNN lease features a corporate guarantee from Family Dollar Stores, Inc., providing significant financial security. The lease, commencing September 1, 2020, has a remaining term of 5.9 years, with six, five-year options including rent bumps of $0.50 per square foot every five years. The property benefits from its strategic location directly across from Beallsville High School and a lack of competing dollar stores within an eight-mile radius. This presents a compelling investment opportunity with a stable, creditworthy tenant and significant long-term growth potential. The asking price is $1,062,500, translating to $115.74 per square foot. The property's robust financials, coupled with its prime location and long-term lease, make it an attractive addition to any portfolio. This single-tenant building offers a secure and profitable investment with a proven track record.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beallsville
- County
- Monroe
- State
- Ohio
- Longitude
- -81.0328
- Latitude
- 39.848